NEWSMAX: … [Federal Reserve Chairman Ben] Bernanke said regulators were taking steps to force financial institutions to hold higher capital buffers, even if they allow for a long period of implementation to prevent any market disruptions…
Toughened capital standards, new liquidity requirements and rules that limit activities all restrict banks’ ability to provide businesses and households with the credit needed to lift economic growth, the IIF said in a letter to central bankers and finance ministers…
Whether big banks have sufficient levels of capital to protect against possible losses has been an ongoing source of contention. A call by the head of the International Monetary Fund, Christine Lagarde, last year for European banks to raise up to 200 billion euros in new capital was quickly rejected by European politicians… (more)
